511 N Albertson
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Listed by CHAMPIONS REAL ESTATE | $724,900 | |
| Listed by CHAMPIONS REAL ESTATE | |||
| Sep 11, 2025 | Listed | $749,900 | |
| Listed | |||
| | |||
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Absolutely stunning FULLY REMODELED AND PERMITTED single family residence consisting of a total of 3 bedrooms and 2 full bathrooms! This home is extremely spacious ans beautifully laid out! The total amount of square footage of this property is approximately 1,309 sq ft on an EXTREMELY LARGE 5,736 square foot lot! As you approach the house you will notice the BRAND NEW RE-ROOF, NEW SOD and IRRIGATION SYSTEM along with a large concrete driveway that provides easy access to the TWO CAR DETACHED GARAGE in the backyard! It is also important to note this property has BRAND NEW PLUMBING, BRAND NEW 200 AMP ELECTRICAL PANEL AND BRAND NEW ELECTRICAL REWIRE! As you enter the home you will notice the gorgeous BRAND NEW laminate wood flooring throughout the entire property along with beautiful tile and vanities in each REMODELED bathrooms! Next you are immediately drawn to the fully BRAND NEW REMODELED KITCHEN! This spacious kitchen also features BRAND NEW beautiful quartz countertops and BRAND NEW shaker cabinets. Continuing to make your way through the home, you’ll discover each bedroom is very generous in size and they all offer an ample amount of closet space. This home had a beautiful PRIMARY SUITE along with large bedrooms and 2 FULLY REMODELED BATHROOMS. This property is conveniently located near schools, shopping, parks and freeways, this one is definitely a MUST SEE! Priced to sell, it’s going to go quickly so schedule a tour today!
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| Jun 4, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017